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South Africa
NATIONAL LEGISLATION OVERVIEWS
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Financial Management of Parliament and Provincial Legislatures Act, No. 10 of 2009
[...Title amended by Act 2014_034_021_20140901 - was entitled "Financial Management of Parliament Act, 2009
"]


Long title


To regulate the financial management of Parliament and provincial legislatures in a manner consistent with its status in terms of the Constitution; to ensure that all revenue, expenditure, assets and liabilities of Parliament and provincial legislatures are managed efficiently, effectively and transparently; to provide for the responsibilities of persons entrusted with financial management in Parliament and provincial legislatures; ; [sic - punctuation] and to provide for matters connected therewith.
______________
[Act 2009_010_073_20140901 Long title amended by Act 2014_034_023_20140901 wef 0000/00/00 ito GG00000000_00000]**

Table of contents

SECTION TITLE
PREAMBLE

CHAPTER 1. INTERPRETATION AND OBJECTS
1. Definitions
2. Objects of this Act
3. Application of the Act to provincial legislatures [...was entitled "Norms and standards for provincial legislatures"]
CHAPTER 2. OVERSIGHT, EXECUTIVE AUTHORITY AND ADMINISTRATION OF ACT
Part 1. Oversight mechanism
4. Oversight Mechanism
Part 2. Executive Authority
5. Executive Authority
Part 3. Administration of Act
6. Accounting Officer
7. General financial management functions
8. Performance of Accounting Officer
9. Acting Accounting Officer
10. Delegation of powers and duties by Accounting Officer
11. Responsibilities of officials
12. Fiduciary responsibilities
CHAPTER 3. PLANNING AND BUDGETING
13. Preparation of strategic plan, annual performance plan and budget
14. Strategic plan
15. Annual performance plan
16. Annual Budget
17. Submission of drafts of strategic plan, annual performance plan and budget
18. Annual appropriations and approvals
19. Expenditure before Parliament’s annual budget is passed
20. Unauthorised expenditure
21. Unauthorised expenditure of own resources [...was entitled "Unauthorised expenditure of donor funds"]
22. Virement between main divisions within the approved budget
23. Retention of unspent funds and return of unspent funds for direct charges [...was entitled "Treatment of unspent funds"]
CHAPTER 4. CASH MANAGEMENT AND INVESTMENT
24. Cash management and investment policy
25. Opening of bank accounts
26. Control of bank accounts
27. Withdrawals from bank accounts
28. Restrictions on borrowing, guarantees and other transactions
29. Requisitioning of funds by Accounting Officer
CHAPTER 5. FINANCIAL MANAGEMENT
30. Asset and liability management
31. Revenue management
32. Management of debtors
33. Expenditure management
34. Support for Members and political parties
35. Transfers
36. Budget implementation
37. Executive directive with financial implications
38. Impending shortfalls and overspending
CHAPTER 6. SUPPLY CHAIN MANAGEMENT
39. Application of this Chapter
40. Supply chain management policy
41. Implementation of supply chain management policy
42. Unsolicited offers
43. Tenders not recommended
44. Members of Parliament barred from serving on tender committees
45. Interference
46. Prohibition on contracts
CHAPTER 7. AUDIT COMMITTEE AND INTERNAL AUDIT UNIT
47. Establishment of audit committee
48. Functions of audit committee
49. Allegations against Accounting Officer
50. Internal audit unit
CHAPTER 8. REPORTING AND AUDITING
Part 1. In-year reporting
51. Monthly financial statements
52. Quarterly performance reports
53. Mid-year budget and performance assessment
54. Submission of reports to an oversight mechanism
Part 2. Annual report, financial statements and auditing
55. Preparation of annual reports
56. Preparation of financial statements
57. Submission of annual financial statements
58. Auditing of annual financial statements
59. Submission of annual report 
60. Tabling and consideration of annual report
61. Issues raised in audit reports
62. Consequences of non-compliance with certain provisions
Part 3. General reporting responsibilities
63. Reporting of irregularities
64. Other information
CHAPTER 9. REGULATIONS AND INSTRUCTIONS
65. Regulations
66. Instructions
CHAPTER 10. FINANCIAL MISCONDUCT
Part 1. Disciplinary proceedings
67. Financial misconduct by Accounting Officer
68. Financial misconduct by officials
Part 2. Criminal proceedings
69. Offences
70. Penalties
CHAPTER 11. MISCELLANEOUS
71. Liability of functionaries exercising powers and functions in terms of this Act
72. Repeal of legislation
73. Short title and commencement
Sch. 1 [...repealed by Act 2014_034_022_20140901 - was entitled :SCHEDULE 1. NORMS AND STANDARDS FOR PROVINCIAL LEGISLATURES"] [s1; s3]
Sch. 2 SCHEDULE 2. CODE OF ETHICS FOR MEMBERS OF THE EXECUTIVE AUTHORITY [s1; s5]
Sch. 3 SCHEDULE 3. MATTERS THAT MUST BE COVERED IN PARLIAMENT’S SUPPLY CHAIN MANAGEMENT POLICY [s1; s40]
Sch. 4 SCHEDULE 4. TRANSITIONAL ARRANGEMENTS [s1; s73]

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